/** * The main template file * * This is the most generic template file in a WordPress theme * and one of the two required files for a theme (the other being style.css). * It is used to display a page when nothing more specific matches a query. * E.g., it puts together the home page when no home.php file exists. * * @link https://developer.wordpress.org/themes/basics/template-hierarchy/ * * @package WordPress * @subpackage Tally * @since 1.0.0 */ ?>
What is the ultimate goal of any business? To make profits, right? For every business owner, the primary motive is to earn more than he spends and maintain maximum profits. One of the best ways is to get a 360° view of which product of yours is helping the business maximise the profits. Generating accurate and timely reports from various business transactions is crucial to every business, and that is no news to anyone. What’s important is that these reports must be error-free and track every inventory’s movement accurately to assess the company’s profitability correctly.
Profitability being the most important objective of any business, every entrepreneur needs a tool to help them asses the same. Stock-wise item profitability is one such way which enables the business owner to know the profitability of each item considering the cost and the price. Which product is giving how much profit margin? How fast are items selling? Which products are making the most money? Such questions can be answered by your stock-item wise profitability report.
Tally’s extra simple, flexible and reliable feature of item-wise profitability assessment will make every business owner’s life as simple as it can get. Not only does Tally give you an overview of your sales for a given time period, but it also gives you insights about your inventory movement parallelly. The simple report which gets generated in a jiffy has immense capabilities. A business owner can easily view reports which are further disintegrated, detailing out the intricate details about the stock item or stock groups. In Tally, you can also calculate gross profits for each invoice, stock item, stock group as well as items and location wise. Quite appealing, isn’t it? To get a thorough view of how much profits you are making based on your stock items, take a free trial today!
Best Practices to Evaluate, Purchase and Implement Business Accounting Software